Post by: Arnold Thomas in Government Initiatives Insolvency
Benefits for Homebuyers in IBC Ruling Homebuyers embroiled in disputes over the one lakh plus stalled realty projects in India have, at long last, won some support from the government and the judiciary in their prolonged struggle against developers. On…
Post by: Chris John in Income Tax RERA Registration
Section 80EEA: Deduction on Affordable Housing Loan Interest Section 80EEA of Income Tax Act offers a significant tax deduction aimed at promoting home ownership, particularly for first-time homebuyers. Introduced in Budget 2019 under the government's “Housing for all” objective, this…
Post by: IndiaFilings in Income Tax Personal Finance
Section 80EE Deduction Section 80EE is a facility in the Income Tax Act that provides relief for taxpayers who have obtained a home loan. The section allows taxpayers to claim a deduction for the payment of interest on home loans.…